To: elmatador who wrote (55777 ) 10/3/2009 7:46:48 PM From: TobagoJack 4 Recommendations Respond to of 217942 <<Contemplating Great Unwinding’s 3rd phase: Foreigners buys hard assets rather than treasuries. Finance dries up as capital spread more evenly ... the Fed accounted for nearly half of all Treasury purchases in the second quarter ($164 billion out of $339 billion). In fact, the Fed bought more Treasuries than the next three largest purchasers combined!! The Fed’s purchases outnumber foreign holders (foreign governments), US households, and Primary Dealers (mega banks) combined. One should also note that foreign holders reduced their purchases of US debt from $159 billion in 1Q09 to $101 billion in 2Q09 (a 40% decrease) The only element of a classical emerging market crisis that is missing from the US and UK experiences since August 2007 is the ’sudden stop’ – the cessation of capital inflows to both the private and public sectors.>> The FED will run its fraud and enable and require the total destruction of all residual true freedoms as well as false rights for as long as the wastrel cb ilaines of this world refuse to submit to the one true faith, gold, because, as cb ilaine's admitted hero had once described, such destruction is a must in the absence of gold rule constitution.org The FED will be successful as long as it is supported by more weighty organizations than not, even as such organizations, ranging from China to Japan, comprised of HSBC to JPM, etc etc all support out of different motivations. The wheels will come off, not all together all at one moment, so, unlikely to involve "sudden stop". 2010 will see the neat and tidy Japanese wheel come off, and that would be a big wheel. let us watch n brief. logically, at the time when all of the wheels have come off, one should be almost 100% allocated to stuff of enduring value.